KNOWLEDGE MANAGEMENT

Knowledge and Economic Growth
The rise of our entrepreneurial society, the information economy, global capitalism, and modern prosperity are all inextricably linked together with the cultivation, dissemination, and management of knowledge. Increasingly, knowledge itself and the transfer of knowledge, are widely recognized as the key factors in long-term economic growth.

What is Knowledge Management?
Peter Drucker, the great patriarch and founder of management as a discipline, famously coined the term “knowledge workers” during the mid-twentieth century. “Knowledge workers” were the people who were being paid to think, to work with their brains instead of their hands. Fifty years later, such “knowledge workers” have become the lifeblood of our economy, and are approaching 60% of all workers in the United States.